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API Agora News Story

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Agora Inc expected to post a loss of 19  cents a share - Earnings Preview

* Agora Inc  API.OQ   API.O  is expected to show a fall in
quarterly revenue when it reports  results on May 23. 
    * The Shanghai-based  company is expected to report  a
8.0% decrease in revenue to $37.004 million from $40.23 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Agora Inc is for a
loss
of 19 cents per share. For the same quarter last year, the
company reported a loss of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Agora Inc
is
$23.4​, above​ its last closing price of $6.99. ​​​

This summary was machine generated May 20 at 20:11 GMT.  All
figures in US dollars  unless otherwise stated

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